AGM held on 30 Sep 2026; 11 resolutions tabled including capital hike and warrants issue

SMT Engineering held its AGM on 30 Sep 2026 via video conferencing with 28 members present. 11 resolutions were tabled including adoption of FY26 standalone and consolidated audited financials, re-appointment of Mr. Vishal Jaiswal as director, increase in authorized share capital from Rs. 18.10 crore to Rs. 19.10 crore, and issue of up to 1,42,858 share warrants convertible to equity shares to identified promoters on preferential basis. Multiple material related party transactions between subsidiaries Sai Machine Tools and Chemerix Life Sciences with group entities were also approved. Chairman noted auditor qualifications or adverse remarks; voting outcome awaited.